What exactly is tax attorney? Tax attorneys are lawyers who offer legal representation and assistance to individuals and business entities facing charges of tax evasion and/or tax levy. Tax evasion and tax levy violations are serious offenses that can result in significant fines and long-term imprisonment. A tax attorney’s work will involve evaluating a client’s individual circumstances, identifying the extent of tax liability, and developing appropriate courses of action to resolve the issue. While tax evasion and tax levy are serious criminal offenses, it is not uncommon for individuals to become victims of inaccurate income information filed by the Internal Revenue Service (IRS).
As tax preparation and filing requirements vary from one state to another, the vast majority of taxpayers are familiar with the basic requirements for filing a tax return. However, there are numerous technical details that are extremely important to understand and follow. This is where the tax attorney’s work comes in. Their job is to review a client’s tax return to ensure that all required tax documentation was filed and that the taxpayer received the correct tax refund. In some cases, where an error caused an unexpected tax liability, the tax attorney can file a claim for a refund due to this error.
There are many reasons why a taxpayer may be facing tax evasion and/or tax levy charges. Income earned on investment property, such as real estate and equities, can be subjected to tax evasion and/or levy. In order to avoid such consequences, individuals need to ensure that they understand the laws applicable in their state, including the types of deductions available to them, and the tax rules that apply to investment properties. Additionally, tax lawyers can advise clients on strategies for minimizing their tax liabilities. Because many individuals face a tax liability for a variety of reasons, such as purchasing real estate, investing, rental properties, and sales, there are many options available for minimizing tax liability.
Many states require that an individual have a tax attorney’s work force on hand. For example, in Illinois, all individuals and couples to file joint tax returns must retain a Certified Public Accountant. In addition to acting as a CPA, CPAs has the responsibility of collecting payment from the business entity for which he or she files the return. Together with a tax attorney, the CPA will draft the appropriate forms for filing and submit it to the IRS for processing.
A tax lawyer’s work is not limited to just tax issues. In addition to representing clients in court, he or she may also be called upon to defend the client’s legal interests in criminal matters such as drug possession, DUI, and other criminal violations. The tax lawyer may even work as an investigator for his or her clients and present opposing sides in cases involving tax evasion, fraud, tax avoidance and any other criminal conduct. The tax attorney’s work does not end in courtrooms. He or she may also need to consult other experts such as accountants, attorneys and other tax professionals to assist in preparing and defending any tax situations his or her clients are involved with.
The tax attorney’s work does not end in the courtroom. He or she may still need to engage in some communication with the IRS on their client’s behalf. This could include communicating with the agency’s agents or representatives in order to clear up misunderstandings or to obtain needed information regarding tax obligations. The tax attorney should still file all of the necessary papers and pay his or her taxes on time. All tax issues should be handled with much care and professionalism by tax professionals. By doing so, a client can ensure that he receives the best possible tax outcome from the situation.